Natural Gas In Ireland
Natural gas accounts for approximately 25% of primary energy demand in
Bord Gáis has no interests in production activities.
Kinsale Gas Field
There is existing indigenous production at the Kinsale and satellite fields off the south coast of
Corrib Gas Field
Further indigenous gas supplies were discovered at the Corrib field, located off the West Coast of Ireland. The Corrib field will be operated by Shell and is owned by a consortium including Shell, Statoil and Marathon Petroleum. Reserves are believed to be of the order of 20-30bcm. The development of the field was substantially delayed by planning permission difficulties and the start date for deliveries is now expected to be in 2009. It is expected that the Corrib gas field will provide a major boost to ROI indigenous production and will initially meet approximately 40% of the ROI peak-day and approximately 60% of the ROI annual demand requirements in 2009/10.
Shannon LNG has received planning permission to build an LNG importation terminal near Tarbert, with first commercial operation by 2001/13.
Projected Primary Energy Demand in
ROI annual gas demand is forecast to grow at 3% p.a. between 2006/07 and
2012/13. The growth in the main will be driven by new gas-fired stations;
however, power sector gas demand is likely to be impacted in the longer-term
by increasing renewable production and electrical interconnection with Great
Growth in other sectors is projected to be very modest. Residential growth is forecast to fall off towards the end of the period, due to increasing energy efficiency measures (which will reduce the demand of both existing and new houses). Industrial / Commercial (I/C) growth is assumed to grow at half the rate of Gross Domestic Product (GDP).